Ansal Properties Reports Significant Loan Defaults and Project Status Update for Q2 FY26

Ansal Properties Reports Significant Loan Defaults and Project Status Update for Q2 FY26

Ansal Properties Reports Significant Loan Defaults and Project Status Update for Q2 FY26​

Ansal Properties & Infrastructure Limited has disclosed details regarding defaults on loans from banks and financial institutions for the quarter ending June 30, 2026. The company reported a high degree of default against its total outstanding loans.

The reporting also provided an update on several key projects currently managed under specific resolution processes. These include the Lucknow and Rajasthan projects, which are confined to Corporate Insolvency Resolution Process (CIRP) under CP No: IB 558(ND)/2024. This confinement was established following a settlement agreement dated March 3, 2022, involving IL&FS Financial Services Limited and Ansal Properties & Infrastructure Limited.

Additionally, the Serene Residency Group Housing Project in Greater Noida, U.P., is also being managed by Shri Navneet Kumar Gupta, who serves as the Resolution Professional for that project. The resolution plan for the Serene Residency project received approval from the National Company Law Tribunal (NCLT), New Delhi, Bench II on October 6, 2025.

The Fernhill Project in District Gurgaon, Haryana, is also currently being managed by a designated party.

Financial Standing and Indebtedness​

For the quarter ended June 30, 2026, Ansal Properties & Infrastructure Limited reported specific details concerning its financial obligations to banks and financial institutions.

The company’s total financial indebtedness, encompassing both short-term and long-term debt principal, stood at 183.37.

A breakdown of the outstanding loans from Banks/Financial Institutions is provided below:

ParticularsTotal Outstanding (Principal)Amount of Default (Principal)
Loans/Revolving Facilities (Banks/Financial Institution)96.9894.32
Unlisted Debt Securities (NCDs, NCRPS)NilNil

The figures reflect the continued nature of default concerning the principal amount on loans from Banks and Financial Institutions as of the last day of the quarter.

ANSALAPI Stock Price Movement​

Ansal Properties & Infrastructure Limited shares slipped today by 1.83% to settle at ₹2.68, shedding value as it hit its 52-week low. The stock closed amid a day of subdued trading, with only 7,001 shares recorded in the market.
 

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